Czech Republic: the Finance Ministry proposes a 2026 budget deficit of CZK 286bn, up from this year’s planned CZK 241bn. The increase is driven by nearly CZK 50bn in extra spending on defence and completion of the Dukovany nuclear project. #CzechRepublic #budget #FiatNews

US financial system changes: recent policy moves combine established deregulatory steps with a set of largely unprecedented measures affecting markets and institutions. Analysts warn the domestic reforms may have broader global implications. #USD #finance #FiatNews

UK gilts: 30‑year yields climbed to 5.68%—the highest level since 1998—raising market pressure on Prime Minister Keir Starmer to shore up confidence over fiscal sustainability and rising inflation expectations. #UK #gilts #GBP #FiatNews

Gold has hit record levels above $3,500 as investors price in a greater chance of Fed rate cuts and rising concerns about central bank credibility. The rally reflects a multi‑year uptrend in precious metals driven by monetary and inflation uncertainty. #gold #FiatNews

Markets: bond yields continue to rise—10Y +2–4 bps in Europe, ~+5 bps overseas—while gold surged above $3,500 intraday before pulling back. The pound plunged roughly 1% after 9:00, dragging the euro lower. Equities slipped: DAX down ~1.5%, Dow and S&P near -1%. #gold #bonds #GBP #DAX #FiatNews

The ISM manufacturing index for August inched up to 48.7 from July’s 48.0 but missed the 49.0 consensus, showing modest improvement yet remaining below the 50 threshold that separates expansion from contraction. The survey signalled a renewed rise in new orders—the first since January—while production itself stopped growing. #ISM #manufacturing Employment remains weak: the ISM employment subindex rose slightly to 43.8 but stays deep in contraction, suggesting little support from factory hiring in August. Price pressures eased a bit according to the ISM price index, yet remain relatively high. Respondents continued to cite tariff-driven cost pressures and uncertainty. The report notes suppliers in the oil sector applying surcharges of 2.6–50%, and one electrical-equipment firm said it has raised prices about 24% to offset tariffs while cutting roughly 15% of its U.S. workforce. Overall, the ISM points to gradual improvement versus July but an insufficient pace to ease concerns on jobs and inflation; markets will look next to the U.S. jobs report and upcoming inflation releases. #inflation #jobs #FiatNews

Deutsche Bank will rejoin the Eurozone’s Stoxx 50 index after a seven‑year absence, reflecting strong recent gains in its share price which have more than doubled over the past year. The index compiler ISS Stoxx confirmed the bank’s return alongside German energy group Siemens Energy and Belgian biotech Argenx. #DeutscheBank #Stoxx50 #SiemensEnergy #Argenx The three additions replace Nokia, Stellantis and Pernod Ricard. Siemens Energy’s shares have more than tripled since last September as the company benefits from higher global electricity demand and orders for gas turbines and grid equipment. Argenx shares rose about 31% over the past year on positive sales and clinical updates, while Deutsche Bank had been absent from Stoxx 50 since 2018. Over the same 12‑month period, Nokia fell about 7%, Stellantis dropped more than 46% and Pernod Ricard sank nearly 24% (though Pernod Ricard’s August results beat expectations). Other recent index moves include German defence group Rheinmetall entering Stoxx 50 in June in place of luxury group Kering. Wider Stoxx 600 changes will add French biotech Abivax and Frankfurt airport operator Fraport, while packaging maker Gerresheimer will be removed. All changes take effect at the open of European trading on 22 September. (Source: Bloomberg) #FiatNews

Swedish fintech Klarna is targeting up to $1.27 billion in its long‑awaited US IPO, according to the company's SEC filing. The offering would include roughly 34.3 million common shares priced between $35 and $37 each, implying a post‑IPO valuation of up to $14 billion, CNBC calculations show. Klarna plans to list on the NYSE under the ticker KLAR; the company itself will sell about 5.56 million shares while existing shareholders will offer roughly 28.8 million. The deal is led by Goldman Sachs, JP Morgan and Morgan Stanley. Founded in 2005, Klarna built its business on a "buy now, pay later" model but has been expanding into debit cards and deposit accounts. Recent results in the SEC filing show revenue for the quarter ending June rose 20% year‑on‑year to $823 million, while net loss widened to $53 million versus the same period last year. Klarna had earlier delayed plans to go public this year after President Donald Trump imposed broad tariffs in April. The company was valued at $45.6 billion in a June 2021 SoftBank‑led funding round but saw its valuation fall to $6.7 billion in 2022, citing deteriorating macroeconomic conditions linked to the Russian invasion of Ukraine. #Klarna #KLAR #IPO #FiatNews

Kraft Heinz will split into two separate publicly traded companies, the food giant announced, aiming to simplify operations and boost shareholder value. The transaction is expected to close in the second half of 2026. One of the new companies will focus on shelf-stable foods and house brands such as Heinz, Philadelphia and Kraft Mac & Cheese; that business had net sales of $15.4 billion last year, with roughly three quarters coming from sauces, spreads and condiments. The other company will concentrate on core North American grocery items, including Oscar Mayer, Kraft Singles and Lunchables, with about $10.4 billion in net sales in the prior year. "The company's brands are iconic and beloved, but the complexity of our current structure makes it difficult to allocate capital effectively, prioritize initiatives and manage scale in our most promising areas," said Miguel Patricio, executive chairman of Kraft Heinz. He added that the split will allow the firm to devote the appropriate attention and resources to unlock each brand's potential and create long-term shareholder value. Kraft Heinz was formed by the 2015 merger of Kraft Foods and Heinz; Berkshire Hathaway remains a major investor, holding a 27.5% stake. #KraftHeinz #KHC #BerkshireHathaway #FiatNews

UK 30-year government bond yields climbed to 5.68% on Tuesday, the highest level since 1998, increasing pressure on Prime Minister Keir Starmer’s government over fiscal credibility and inflation concerns. Ten-year yields also rose by three basis points to 4.78%. The rise in borrowing costs complicates the autumn budget for Chancellor Rachel Reeves, who faces the choice of finding savings or raising taxes to shore up the UK’s fiscal position. That task is politically delicate after a recent rebellion among government MPs forced major changes to welfare reform proposals. Officials say global forces are amplifying the move: UK gilts are at the epicenter of a broader long-term bond sell-off, reflecting weaker demand from traditional buyers such as defined-benefit pension funds and fears of structurally higher inflation. Thirty-year yields have climbed more than 100 basis points over the past 12 months, versus roughly 80 basis points in comparable US and German bonds. (Source: Bloomberg) #UK #gilts #Starmer #inflation #FiatNews